re: Official CryptoTalk Thread

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Does this change with pos?

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The decentralization aspect... maybe. It could become more centralized as it will require 32ETH to run a validator, so a lot of people will be using pools. They have a cap of how much ETH can be staked by one validator, so large pool companies will have to have many pools, making the # of pools higher but really not as decentralized as it looks. It will depend a bit on how the pools are set up, how many different pools, how many lone validators there are, etc.

As for the fees part, no, POS won't really fix the fees. They are here to stay until sharding goes live (god knows when), but really by the time that's live the majority of users should be on layer 2 protocols (Polygon PoS/Polygon Hermes/Arbitrum/Optimism/Loopring/ImmutableX, etc etc) where gas is reasonable or even cheap. Sharding will enhance throughput at L1 but the biggest benefit will be to L2s since they can stuff exponentially more transactions into a single rollup as throughput increases and make gas even cheaper..

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decentralization aspect... maybe

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L2s are centralized. no maybe about

which is fine but don't pretend you're all about decentralization lol

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L2s are centralized. no maybe about

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Yeah I'm invested in Polygon, but there aren't many validator nodes IIRC. L2 protocols are very centralized.

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Definitely investing in some ZK rollup tokens.

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Any in particular?

ETH on a crazy run today

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if you're using eth now because it's decentralized.. I'm guessing you stop using it once l2s are live?

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No. If you are moving/storing 8+ figures you will stay on mainnet for a long time

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L2s are centralized. no maybe about

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I was specifically referring to PoS/beacon chain and staking pools, which are a separate topic from Layer 2s.

Currently, all layer 2s are centralized. Heavily. However, Starkware has Starknet (A generalized EVM zkrollup chain) in alpha, and as it moves on through Beta and into production they will be decentralizing it so nodes will be a public, permissionless deal. Where I'm still unsure of is what the requirements for running a node will be. I have concerns that it'll be pretty strong node requirements, similar to Solana. It's probably a "good enough" level of decentralization for a layer 2. I'm not sure they have released any info on that yet. In the meantime, I'm convinced that starknet will be the big layer2 everyone migrates to and uses the most.

Here is their roadmap, and they're actually ahead of schedule:
LINK

This is correct get that zksync airdrop...

Crypto.com credit card. Anyone have it? Worth it?

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Anybody else having kucoin issues? Trying to send ftm, and I'm getting a withdrawal.disabled message

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Make sure you are on the FTM network and your receipt wallet is also on the Fantom opera network. If you need to get off the FTM rework it’s probably better to bridge it at your final destination but IDK why you would want to get off the Fantom network when you can only use FTM on the Fantom network. One last thing, make sure your destination wallet has the FTM token address so you see it in your wallet when the coin arrives. You can also follow the transaction on ftmscan.com. Sorry if you already know this and is all trivial.

ETA: make sure you leave some FTM in your wallet for future transaction fees on the FTM network, just like you need to leave a little eth in your wallet for transactions on the ethereum Mainnet network or Avax in your wallet for transactions on the Avalanche network.